PHOENIX , Oct. 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released their first-ever sustainability impact report today. Nikola's 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress towards Nikola's sustainability priorities.Nikola Hydrogen Fuel Cell Electric TruckAccording to the Environmental Protection Agency (EPA), the transpo ...

PHOENIX, Oct. 3, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zeroemissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced it will report its third quarter ended September 30, 2024 financial results and business updates on Thursday, October 31, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m. ET (7:30 a.m. PT) to review and discuss the company's business and outlook. Nikola Corporati ...

The Nikola Corporation (NASDAQ: NKLA) once touted as the 'Tesla of trucking' has had an extremely bumpy ride since first going public in 2020. Buoyed by great expectations, NKLA stock prices reached as high as $1,977 by mid-2020, before unceremoniously crashing to $450 by the end of 2020. The primary driver behind this drop was a report from activist short-selling group Hindenburg Research, which alleged fraud regarding the company's technical capabilities, along with levying an accusation that a key produc ...

Shares of the hydrogen fuel-cell truck maker hit a 52-week low last week but are on fire today. Is it a buy? Nikola (NKLA 23.62%) stock hit its 52-week lows on Sept. 26 and had plunged a staggering 82% year to date by yesterday's market close. Today, shares of the electric vehicle (EV) maker skyrocketed and were up more than 25% as of noon Wednesday after the company reported record sales for the third quarter. The emphasis on "record" is important here, as you will soon understand. Nikola is finally sellin ...

After years of subpar performance, there's now a light at the end of the tunnel for all three companies ... and their stocks. There's no denying most electric vehicle (EV) stocks have been lackluster performers of late -- the movement simply hasn't caught on as it was expected to just a few years back. Indeed, sales trends and feedback suggest consumers are actually losing interest in EVs, citing range and charging concerns. And those worries aren't invalid. This doesn't mean EV-related companies are a bust ...

The electric semi-truck maker still faces existential challenges. Nikola's (NKLA -0.78%) stock has plunged nearly 99% over the past three years. The maker of electric semitrucks was a red-hot stock during the buying frenzy in speculative stocks in 2020, but it ran out of juice after it missed its production forecasts. After that steep decline, Nikola's stock now trades at just 2 times this year's sales. Could this beaten-down EV stock unexpectedly roar back to life over the next three years? What happened t ...

Investing in Nikola is a bet that it won't run out of cash. Nikola (NKLA -6.74%) has an aggressive vision to create a network of hydrogen production and fueling infrastructure for the fuel cell electric heavy-duty trucks it has been building and selling. The company has focused on a niche use case for short-haul trucking needs near port facilities in North America. While it has made admirable progress with its plans, headwinds for the business have been growing. That has increased fear among investors that ...

Executives keep selling stock. The company is nowhere near profitability. Nikola (NKLA -6.74%) -- yes, this company is still publicly traded -- slipped over 20% yet again this week, according to data from S&P Global Market Intelligence. The hydrogen-electric truck start-up keeps inflating its shares outstanding, insiders keep selling, and the company is nowhere near close to generating a profit. No wonder the stock is down over 99% from all-time highs. The stock keeps falling, and it only has further to go, ...

They've not been great performers of late, but the future looks much more promising than the past has been. There's no denying electric vehicles (EVs) aren't quite as common as the world initially expected them to be by this point in time. Although they exist and have a place within the automobile industry, the International Energy Administration reports that a little less than 1-in-5 vehicles sold in 2023 are powered by an electrically driven motor (including plug-in hybrids). In the meantime, consumer int ...

Interest rates aren't falling quickly, and the appetite for financing is falling on Wall Street. It was a bad week for electric vehicle (EV) and renewable energy stocks across the board as consumer spending continues to struggle and EV competition heats up. It hasn't helped that interest rates are up and the economic future isn't certain, causing investors to take risk off the table in areas of energy that haven't proven to be profitable. According to data provided by S&P Global Market Intelligence, shares ...